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Obamacare priced everyone but the lowest income who qualify for giant subsidies out of the individual health insurance market.
Obama care. The supreme court will hear oral arguments on the future of the affordable care act on november 10 exactly one week after the presidential election it announced wednesday. Obamacare is the patient protection and affordable care act aca. The affordable care act aca formally known as the patient protection and affordable care act and commonly known as obamacare is a united states federal statute enacted by the 111th united states congress and signed into law by president barack obama on march 23 2010. Most people think it only affects health insurance but it has changed the way the u s.
The affordable care act which is also referred to as aca or obamacare was signed into law by president barack obama in 2010. And the affordable care act helped. Enroll now for 2021 coverage. The term obamacare was first coined by critics of the former president s efforts to reform health care but then the name stuck.
The act was a major overhaul of the u s. Healthcare system reducing the amount of uncompensated care the average family pays for. Obamacare originally required everyone to have health insurance and offered cost assistance to those who could not afford a plan on their own. See health coverage choices ways to save today how law affects you.
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